SEC Comment Letter 0000000000-23-005240 to Fundhomes I, LLC (CIK 0001936818)
Fundhomes I, LLC (CIK 0001936818)
Date: May 16, 2023 · CIK: 0001936818 · Accession: 0000000000-23-005240
AI Filing Summary & Sentiment
File numbers found in text: 024-11939
Letter
United States securities and exchange commission logo May 16, 2023 Ming Zhu Chief Executive Officer Fundhomes 1, LLC 1700 Westlake Ave. N., Suite 200 Seattle, WA 98109 Re:Fundhomes 1, LLC Amendment No. 8 to Offering Statement on Form 1-A Filed May 10, 2023 File No. 024-11939 Dear Ming Zhu: We have reviewed your amended offering statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to this comment, we may have additional comments. Amendment #8 to Form 1-A filed May 10, 2023 INDEPENDENT AUDITOR'S REPORT, page F-3 1.We note that your auditors' provided an audit report which currently addresses Fundhomes I, LLC, on a consolidated basis, and Series FL01 but that the report does not address your Regulation D entities. In an amended filing, please have your auditor provide series-level audit opinions for all of the series in the consolidating financial statements in addition to the opinion on Fundhomes I, LLC. Additionally, the consent provided by your audit firm should be updated to address this comment. Reference is made to Question 104.01 of the Compliance and Disclosure Interpretations for Securities Act Sections You may contact Howard Efron at 202-551-3439 or Wilson Lee at 202-551-3468 if you have questions regarding comments on the financial statements and related matters. Please
FirstName LastNameMing Zhu Comapany NameFundhomes 1, LLC May 16, 2023 Page 2 FirstName LastName Ming Zhu Fundhomes 1, LLC May 16, 2023 Page 2 contact Ruairi Regan at 202-551-3269 or James Lopez at 202-551-3536 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Jason Powell, Esq.
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United States securities and exchange commission logo
May 16, 2023
Ming Zhu
Chief Executive Officer
Fundhomes 1, LLC
1700 Westlake Ave. N., Suite 200
Seattle, WA 98109
Re:Fundhomes 1, LLC
Amendment No. 8 to Offering Statement on Form 1-A
Filed May 10, 2023
File No. 024-11939
Dear Ming Zhu:
We have reviewed your amended offering statement and have the following comment. In
our comment, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe our comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your offering statement and the information you
provide in response to this comment, we may have additional comments.
Amendment #8 to Form 1-A filed May 10, 2023
INDEPENDENT AUDITOR'S REPORT, page F-3
1.We note that your auditors' provided an audit report which currently addresses Fundhomes
I, LLC, on a consolidated basis, and Series FL01 but that the report does not address your
Regulation D entities. In an amended filing, please have your auditor provide series-level
audit opinions for all of the series in the consolidating financial statements in addition to
the opinion on Fundhomes I, LLC. Additionally, the consent provided by your audit firm
should be updated to address this comment. Reference is made to Question 104.01 of the
Compliance and Disclosure Interpretations for Securities Act Sections
You may contact Howard Efron at 202-551-3439 or Wilson Lee at 202-551-3468 if you
have questions regarding comments on the financial statements and related matters. Please
FirstName LastNameMing Zhu
Comapany NameFundhomes 1, LLC
May 16, 2023 Page 2
FirstName LastName
Ming Zhu
Fundhomes 1, LLC
May 16, 2023
Page 2
contact Ruairi Regan at 202-551-3269 or James Lopez at 202-551-3536 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: Jason Powell, Esq.